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Tag: Moneycontrol

  • Rohit Raikwar roped in as GM -Paytm Ads

    Rohit Raikwar roped in as GM -Paytm Ads

    MUMBAI: Rohit Raikwar has been appointed as general manager at Paytm Ads. He moves from Disney+ Hotstar where he was agency lead.

    In his new role at Paytm, Raikwar will be based in Mumbai. He brings over 15 years of experience in digital advertising sales and revenue generation across leading media companies.

    Prior to Disney+ Hotstar, Raikwar held senior positions at Times Internet, ESPN, Network18 (Moneycontrol), Sify Technologies and India Today Group Digital. He is an MBA in marketing and advertising from IBS Bangalore.

     

  • Network18 makes headlines again: The unrivalled king of Indian news

    Network18 makes headlines again: The unrivalled king of Indian news

    MUMBAI: Network18 just dropped a truth bomb on the front page of The Economic Times, and it’s impossible to ignore. The media giant flexed its leadership in the Indian news ecosystem with a striking ad, leaving no doubt about who rules the ratings.

    With an unbeatable track record, Network18 continues to be the go-to source for news, clocking the highest overall TV reach (1,78,957 Average Reach000s)—yes, even surpassing the leading general entertainment channel! (Source: BARC | Metric: Average Reach000s | TG: 15+ | Period: Wk 53’24 – 03’25 | Market: All India). If that’s not enough, it also secured the top spot in average minute audience (AMA) with 2,04,029 AMA 000s. (Source: BARC | Metric: AMA 000s, TG:15+ | Period: Wk 03’25, Market: All India, News channel networks). Oh, and let’s not forget the 20 channels broadcasting in a record 12 languages—talk about news for everyone, everywhere!

    Network18 has been setting records and taking names. The network boasts an incredible lineup of leading channels that dominate every news segment:

    . CNN-News18: The reigning number one English news channel since BARC ratings resumed more than two years ago.

    .  News18 India: The undisputed king of Hindi news for two consecutive years.

    .  CNBC-TV18: The heavyweight champion of English business news, maintaining an iron grip on viewership.

    Not content with just television dominance, Network18 has been making waves in the digital space too:

    . Moneycontrol: More than 100 million unique visitors and a staggering 1 million paid subscribers on Moneycontrol Pro—a financial powerhouse like no other.

    . Firstpost: With 6.8 million YouTube subscribers, it’s the fastest-growing Indian news platform on the video giant.

    And in the regional markets? You guessed it—News18 channels are leading the pack, cementing Network18’s dominance across India’s linguistic and cultural landscape.

    With record-breaking viewership, it’s no surprise that Network18 is the preferred news network for advertisers (Source: TAM Adex | Period: FY 24-25 till 17 Jan | All genre). Whether it’s business, politics, or entertainment, Network18 delivers credibility, reach, and engagement like no other.

     

  • AI innovation takes center stage at Global AI conclave

    AI innovation takes center stage at Global AI conclave

    Bengaluru – The Global AI Conclave, hosted by Moneycontrol and CNBC-TV18, concluded its second edition in Bengaluru, showcasing how artificial intelligence (AI) is transforming industries, governance, and society. With the theme ‘From Hype to Impact,’ the event brought together global leaders, innovators, and policymakers to explore AI’s potential to solve pressing challenges and drive real-world change.

    The event highlighted advancements in AI across sectors like healthcare, governance, urban planning, and more. Attendees included visionaries, industry leaders, and investors, offering insights into AI’s risks, rewards, and transformative possibilities.

    Moneycontrol managing director Nalin Mehta emphasised India’s pivotal role in the AI revolution:“India is at the forefront of an AI-powered transformation, with ₹10,300 crores committed to the India AI mission. It’s time to move beyond the hype and deliver real-world impact.”

    Intel India VP & MD Santhosh Viswanathan celebrated India’s unique strengths:“This is an extraordinary moment for India to lead, fuelled by abundant data, scalable solutions, and frugal innovation.”

    The session progressed into a thought-provoking discussion on ‘Reimaging Governance with AI’ featuring former union minister of state for electronics and information technology, skill development & entrepreneurship & Jal Shakti, Rajeev Chandrasekhar. He stated, “The Prime Minister envisions the next phase of governance, propelled by the monumental success of Digital Public Infrastructure that has already redefined citizen interactions.  Leveraging vast datasets, the focus is on enhancing public services and decision-making, much like how UPI transformed financial inclusion, aiming to redefine governance for the modern era.”

    The conclave continued with two interesting fireside chats on ‘Decoding the AI Gold rush’ with General Catalyst CEO & managing director Hemant Taneja. He stated “India stands at a pivotal moment, driven by global resilience and shifting geopolitics. With strategic focus on core industries like defence, healthcare, and energy, its high growth and entrepreneurial spirit make it an ideal global leader. The success of quick commerce in India reflects more than convenience—it highlights transformative infrastructure like UPI. It’s the bold aspirations of visionary founders that are driving this change, and it’s inspiring to support their journey.”

    The sessions then further delved intoan insightful fireside chat with Ministry of Electronics & IT secretary S. Krishnan GoI on ‘Inside the India AI mission’, he shared “India’s AI initiatives are progressing rapidly, with significant investments and over 1,000 proposals already under review. The next phase will focus on trusted technologies and advanced computing under the National Supercomputing Mission, emphasising a balanced, inclusive approach to drive transformative growth.”

    Among the many highlights was a fireside chat with Adobe senior director & head of digital media business, India/South Asia, Girish Balachandran on ‘Digital Transformation in the Era of Gen AI’. Further enriching the discourse were panels such as, ‘Can AI reshape healthcare and diagnosis’ with Dr H. Sudarshan Ballal, Chairman, Manipal Hospitals; Dr Geetha Manjunath, CEO and Founder, Niramai Health Analytix and Laina Immanuel, Co-founder & CEO, BrainSightAI.

    The event proceeded with another fireside chat on ‘From India to the world: How Premji Invest built a world-beating global AI portfolio from Bengaluru’, featuringTK Kurien, Chief Executive Officer , Premji Invest. . Following this insightful discussion, the focus shifted to a dynamic panel on ‘AI for All: Building a Future where AI benefits everyone’ with Manish Gupta, Director, Google Deepmind; Kalika Bali, Senior Principal Researcher, Microsoft Research India; Shri Nand Kumarum, President and CEO, National e-Governance Division, Ministry of Electronics and Information Technologyand Manu Chopra, Founder, Karya.

    The summit then transitioned to another fireside chat on ‘Can AI solve the traffic woes of India’s tech capital?’ with M.N. Anucheth, IPS, Joint Commissioner of Police (Bengaluru Traffic). He said “Bangalore is implementing smart traffic signalling at 165 junctions by February, with adaptive systems at 200 locations to prioritise flow based on density. These measures, already cutting travel times by 17-22 per cent, aim to manage the city’s rapidly growing vehicle population, which has doubled in a decade, now surpassing Delhi.”

    The conclave concluded with a special address on ‘Karnataka’s Path to Becoming India’s AI Powerhouse: What does it take?’ by Dr M. B. Patil, Minister for Commerce & Industries and Infrastructure-GoK and Gunjan Krishna, Commissioner for Industrial Development and Director, Department of Industries & Commerce, Government of Karnataka. Sharing his thoughts Dr M. B. Patil said”Karnataka, India’s IT capital, is now a global leader in machine learning, robotics, and quantum computing. With 1.2 million skilled professionals and contributing 60% to biotech, defence, and aerospace, the state’s talent and infrastructure make Bengaluru a vibrant hub of innovation and creativity.”

    Adding to this Gunjan Krishna said “At the Global Investors Meet in February 2025, Karnataka will unveil a new industrial policy focused on high-value industries, boosting employment with an emphasis on women, and advancing technologies like EVs and hydrogen. The goal is to raise manufacturing growth to 12 per cent, attract Rs seven lakh crore in investments, and create 25 lakh jobs, solidifying Karnataka as a hub for sustainable growth.”

    The second edition of the Global AI Conclave was not only celebrated AI’s transformative journey but also set the stage for future breakthroughs that promise to redefine industries, improve lives, and propel India as a global AI leader. As the curtains close on this year’s edition, the commitment to leveraging AI for a better tomorrow continues to inspire.

  • Moneycontrol’s 10 crore monthly users highlighted in a print ad

    Moneycontrol’s 10 crore monthly users highlighted in a print ad

    New Delhi: Moneycontrol has launched an ad campaign to announce its record-breaking 10 crore monthly users, solidifying its position as India’s largest financial platform. Moneycontrol is part of the Network 18 group. [NSE: Network18]

    In a front-page ad across all editions of The Economic Times, the financial platform announced that 10 crore (100 million) people used Moneycontrol in October 2024. (Source: Google Analytics, October 2024) The ad also showcased the 10 lakh paying subscribers of Moneycontrol Pro, the paid subscription-based service of Moneycontrol. Further, the ad highlighted Moneycontrol’s audience size, which is 30 per cent bigger than its nearest rival, (Source: Comscore MMX Multi-Platform, Business/ Finance News Category, September 2024) while also emphasising 70 lakh monthly active users of Moneycontrol App.

    The ad reiterates that Moneycontrol’s unique combination of market data, financial tools, exclusive stock research, combined with in-depth impactful business news, has made it an irresistible proposition.

    Moneycontrol continues to expand its footprint in the fintech space with personal loans, fixed deposits, bank account management tools and credit scores, cementing its role as a comprehensive financial ecosystem.

    Beyond audience and subscriber milestones, Moneycontrol has also strengthened its user engagement. In September 2024, its page views were almost 40 per cent higher than its nearest competitor, according to Comscore. Its time-spent was also the highest in the sector at 407.48 million minutes during the month. 

  • Network18’s Moneycontrol hits 10 crore visitors in October

    Network18’s Moneycontrol hits 10 crore visitors in October

    Mumbai: Moneycontrol achieved the milestone of surpassing 10 crore (100 million) unique visitors in October 2024, according to data from Google.

    Moneycontrol’s combination of stock markets data, financial tools, exclusive research on stocks and markets and business news that matters, backed by the power of transactions, has made it an irresistible proposition. Moneycontrol Pro, the platform’s premium subscription service, recently crossed one million subscribers, placing it among the world’s top 15. It has added cutting-edge features every few months to help savvy investors stay on top of markets. The Moneycontrol app is used by over 70 lakh ( seven million) active users per month and is growing rapidly.

    “This is a monumental milestone and Moneycontrol has broken the ceiling as India’s premier digital finance platform,’ said Network 18 chairman Adil Zainulbhai. “This achievement reflects high consumer confidence in the cutting-edge markets data tools and content we offer on Moneycontrol which help users invest their money more smartly.”  

    “The fact that over 10 crore people chose to use Moneycontrol in just one month is a great vote of confidence in the quality of our content and the value it adds for retail investors looking to make investment decisions,’ said Moneycontrol managing editor Nalin Mehta. 

  • We are the only news network in India with global ambition: Mukesh Ambani

    We are the only news network in India with global ambition: Mukesh Ambani

    Mumbai: At the 47th Annual General Meeting (AGM) of Reliance Industries, Chairman Mukesh Ambani highlighted the performance and strategic growth of Network18’s news business.

    As part of his address, Ambani said, “Our News business is reaching new heights. This is due to our focus on high-quality journalism. We lead in both general and business news. We are the only network in India with global ambitions. News18 was India’s top TV network for election news. On June 4, the counting day, its reach was nearly 50% higher than the IPL final.

    “CNBC-TV18 had an 82% viewership share on the Budget Day. This is in line with its weekly performance. CNN-News18 often outperforms all other channels combined. It has been number one for over two years,” he added.

    Elaborating on Network18’s digital platforms, Ambani said, “Moneycontrol is transforming into an advanced fintech provider of data and analytics for users in India and beyond. It is unmatched in speed and accuracy. It has 70 million unique visitors. Our premium service, MC Pro, now has over 8,50,000 paid subscribers. This makes it a Top-10 subscription site globally and the largest in India.

    “Firstpost is becoming a global news powerhouse. Its subscriber base has more than doubled in the last 12 months. In July, Firstpost recorded 127 million video views. This ranks it sixth among global peers. Firstpost is recruiting top talent to become the definitive global news destination from India.”

    “I believe it is time for India, as the world’s most populous nation, to assert its voice and gain its rightful space in the influential global media,” added Ambani.

  • Moneycontrol Mutual Fund Summit spotlights SIP’s influence in Bharat’s financial journey

    Moneycontrol Mutual Fund Summit spotlights SIP’s influence in Bharat’s financial journey

    Mumbai: Moneycontrol Mutual Fund Summit 2024 in Mumbai brought together a distinguished assembly of finance experts, industry leaders, and regulators.  This year’s theme, ‘How SIPs Are Empowering Bharat,’ emphasised the growing role of SIPs in driving financial inclusion across the nation. The summit featured insightful discussions, innovative ideas, and strategies to enhance investor experiences and promote financial empowerment.

    In his welcome note, Nalin Mehta, Managing Editor, Moneycontrol managing editor Nalin Mehta set the tone for the summit. He said, “At Moneycontrol, we strongly believe in empowering India’s growth story, the remarkable expansion of Indian markets, and the rise of a new breed of retail investors fuelling this transformation. The mutual fund industry plays a pivotal role in this shift. With SIP inflows tripling over the past three years, we must address how to manage this shift responsibly and sustainably, especially as more first-time investors emerge from smaller towns. This marks our third Mutual Fund Summit, and we’re proud to host top industry leaders—CEOs, fund managers, and key stakeholders—to engage in meaningful discussions and debates on the pressing questions of our time. We’re also excited to honour and award the industry’s biggest change-makers.”

    In his keynote address, Amarjeet Singh, Whole Time Member, SEBI, pointed out that fresh capital raising is a better reflection of the markets and reduces concerns related to asset price inflation. He added, “While we are witnessing a lot of money coming to the mutual fund space, we need more listings, more asset class, more fund raising by existing listed companies in the market so that the money which is coming in can be appropriately invested.

    “… fresh paper issuance is clearly a better reflection of fresh capital formation and raises less doubts about asset price inflation,” he added.

    Singh also elaborated on the importance of corporate governance within the mutual fund industry. “In order to sustain the current growth story, it is essential for mutual funds to uphold strong governance practices and maintain reputation for integrity and reliability. Good governance assumes greater significance given significant retail participation in mutual funds. They account for 28 percent of the industry AUM,” he said. Also, many of these retail participants are first-time investors. “Maintaining their trust in the markets is vital, as once lost, it is challenging to regain these investors’ confidence.”

    A panel discussion on meeting investor expectations featured industry stalwarts such as Radhika Gupta, MD and CEO, Edelweiss Asset Management; Kalpen Parekh, MD & CEO, DSP Mutual Fund; Ajit Dayal, Founder and Advisor, Quantum Advisors; and Swarup Mohanty, VC & CEO, Mirae Asset Investment Managers, India.

    Speaking on the challenges and opportunities that come with Micro SIPs, Radhika Gupta said that the reason AMCs do not promote micro-SIPs is due to the number of costs involved with a micro SIP. However, Gupta also pointed out that if investors are willing to spend Rs 100 a month on OTT, she is “excited” that they could just as easily allocate that money towards a micro SIP.

    A special highlight of the evening was an engaging chat with India’s first Chess Grandmaster, Viswanathan Anand. He remarked, “In chess, as in finance, success requires careful calculation and strategic risk-taking. Many players have successfully transitioned into the world of finance, applying the same analytical skills they honed on the board to manage their personal investments. The parallels between these fields are clear—both demand a deep understanding of the landscape, meticulous planning, and the courage to make decisive moves when the time is right.”

    Other speakers and panellists at the summit included Kailash Kulkarni, CEO, HSBC India Asset Management; Suresh Sadagopan, SEBI RIA, MD & Principal Officer, Ladder7 Wealth Planners; Misbah Baxamusa, CEO, NJ Wealth; Rajeev Thakkar, Chief Investment Officer, Director, PPFAS Mutual Fund; Roshi Jain, Senior Fund Manager, HDFC Asset Management; Dinesh Balachandran, Head of Equity, SBI Mutual Fund; Ashish Gupta, CIO, AXIS Mutual Fund; Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund; Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC and G Senthil, CFA, CAIA, Chief Business Development Officer, KFintech.

    The evening concluded with the Mutual Fund Distributor Awards ceremony, celebrating the sector’s achievements and recognizing outstanding contributions towards financial empowerment and inclusion across India.

    Winners of the Mutual Fund Distributor Awards 2024:

    Sr No Category Broker Name
    1 SIP Champion – North MALOO INVESTWISE PRIVATE LIMITED
    2 SIP Champion – South Future First Financials Pvt Ltd
    3 SIP Champion – East Finomatic Fintech Services Pvt Ltd
    4 SIP Champion – West Ambition Finserve Pvt Ltd
    5 Youth Investment Champion Prabeta Vision LLP
    6 Distributor of the Year Award Sapient Finserv Private Limited
    7 FinTech Impact Award AssetPlus 
    8 National Distributor Award Prudent Corporate Advisory Services Ltd
    9 B30 Champion Sukanta Bhattacharjee
    10 Digital Champion IntyGritty MoneyTree Private Limited
    11 Lifetime Achievement Award Goldstar Financial Services Private Limited
    12 Naari Shakti Award

    Manju Mastakar, Armstrong Capital & Financial Services Pvt. Ltd

     
    13

     

    Bank Accelerator Award

     

    HDFC BANK LTD
  • Moneycontrol Mutual Fund Summit to explore ‘How SIPs Are Empowering Bharat’

    Moneycontrol Mutual Fund Summit to explore ‘How SIPs Are Empowering Bharat’

    Mumbai: Moneycontrol, India’s number one business and markets news platform, has announced the 2024 edition of ‘Moneycontrol Mutual Fund Summit’.  Scheduled to take place on 21 August 2024 in Mumbai, the summit will convene financial experts, industry leaders, and regulators to discuss the rapid growth of India’s mutual fund sector. This year’s theme, ‘How SIPs Are Empowering Bharat,’ highlights the growing impact of SIPs in driving financial inclusion across the nation. The summit will also host the Mutual Fund Distributor Awards to celebrate the sector’s achievements and encourage financial empowerment and inclusion across India.

    Amarjeet Singh, Whole Time Member, SEBI will deliver the keynote address, setting the stage with his perspective on regulatory frameworks and their role in shaping the future of mutual funds in India. Other prominent speakers include Viswanathan Anand, Indian Chess Grandmaster; Radhika Gupta, MD & CEO, Edelweiss Asset Management; Swarup Mohanty, VC& CEO, Mirae Asset Investment Managers, India; Kailash Kulkarni, CEO, HSBC India Asset Management; Nimesh Shah, Managing Director and Chief Executive Officer, ICICI Prudential Asset Management; Ajit Dayal, Founder and Advisor, Quantum Advisors; Lakshmi Iyer, CEO – Investment & Strategy, Kotak Alternate Asset Managers; Rajeev Thakkar, Chief Investment Officer and Director, PPFAS Mutual Fund; Roshi Jain, Senior Fund Manager, HDFC Asset Management; Dinesh Balachandran, Head of Equity, SBI Mutual Fund, Ashish Gupta, CIO, AXIS Mutual Fund, Suresh Sadagopan, SEBI RIA, MD & Principal Officer, Ladder7 Wealth Planners; Misbah Baxamusa, CEO, NJ Wealth; Sanjay Chawla, CIO – Equity, Baroda BNP Paribas Mutual Fund and Akhil Chaturvedi, Chief Business Officer, Motilal Oswal AMC.

    Speakers and panellists will discuss strategies for integrating new and first-time investors into the market, emphasising the importance of educating them about the risks and potential returns. Key topics will include setting realistic return expectations, navigating investors through volatile markets, and strengthening internal mechanisms to prevent fraud and make asset management companies more robust.

    Speaking about the upcoming summit, Puneet Singhvi, CEO – Digital and President – Corporate Strategy, Network18 said, “The Indian mutual fund industry is reaching new heights, and with this platform, we aim to both acknowledge and fuel that progress. As India’s leading finance news platform, Moneycontrol is bringing together the country’s top financial experts to explore the influence of SIPs and the opportunities and challenges they present. We believe this gathering of industry giants will be instrumental in shaping the future of the sector.”

    Avinash Kaul, CEO – Network18 (Broadcast) & Managing Director A+E Networks I TV18 added, “The growing Indian mutual fund industry holds immense potential, and to fully realise it, we need timely discussions and collaborations. At Network18, we are committed to driving the industry forward through meaningful conversations. The Moneycontrol Mutual Fund Summit is more than just a platform for knowledge sharing; it’s a catalyst for transformative dialogue, bringing together the brightest minds in finance to explore the future of mutual fund investments in India.”

  • Moneycontrol to Congregate Leading Voices at ‘Startup Conclave 2024’

    Moneycontrol to Congregate Leading Voices at ‘Startup Conclave 2024’

    Mumbai: Moneycontrol, a financial news platform, has announced the second edition of the Moneycontrol Startup Conclave 2024. This premier event, set for 9 August 2024, at ITC Gardenia, Bengaluru, is dedicated to fostering a sustainable and resilient startup ecosystem in India. The conclave will bring together a diverse group of policymakers, investors, leading startup founders, industry leaders, and emerging entrepreneurs for an engaging exchange of ideas and strategic insights.

    Following a challenging two-year funding winter, India’s startup landscape is witnessing a remarkable resurgence marked by increased profitability, late-stage funding, a vibrant secondary market, and numerous tech IPOs. Themed “Persist | Reset | Rebuild” this year’s conclave will emphasize the resilience and adaptability of startups in the face of an AI-driven world and evolving regulatory frameworks. The event will delve into the future of India’s startup ecosystem, providing essential insights for the next wave of entrepreneurial success.

    Moneycontrol Startup Conclave 2024 will feature a series of insightful sessions led by prominent figures including Karnataka Minister for IT-BT and science & technology Priyank Kharge; Karnataka Government, department of electronics, information technology, biotechnology and science & technology, secretary Dr Ekroop Caur; India’s G20 Sherpa Amitabh Kant; Narayana Health, founder and chairman Dr Devi Prasad Shetty; SoftBank, head of India and EMEA Sumer Juneja; PhonePe, co-founder and CEO Sameer Nigam; Swiggy, co-founder Sriharsha Majety; Sorin Investments, founder and chairman Sanjay Nayar; Games24x7, co-founder and co-CEO Bhavin Pandya; Tally Solutions Pvt Ltd, chief of engineering Nabendu Das; IndiQube, co-founder Rishi Das; Adobe, head of sales channel & SMB, digital media India & SA Ajay Joseph; DTDC Express, CEO Abhishek Chakraborty; Peak XV Partners, MD Shailesh Lakhani.

    Moneycontrol has been instrumental in nurturing the startup community, sharing compelling narratives of innovation, success, failure, and resilience. Through initiatives like the Moneycontrol Startup Conclave, the platform continues to champion the entrepreneurial spirit and support the growth of India’s dynamic startup ecosystem.

    Moneycontrol Startup Conclave 2024 is supported by banking partner IDFC FIRST Bank, exclusive logistics partner DTDC, VC partner Peak XV, workplace partner IndiQube, and associate partners Games24x7, Share.Market, Adobe, Tally, Reliance India Ltd, state partner KITS, luxury partner Da Milano Italia and event technology partner Townhall.

    The event will commence at 10:00 am on 9 August 2024, at ITC Gardenia, Bengaluru, and will be livestreamed for a global audience.

  • Network18 reports strong Q1 growth of Rs 3141 crores

    Network18 reports strong Q1 growth of Rs 3141 crores

    Mumbai: Network18 Media and Investments Ltd reported consolidated operational revenue of Rs 3,141 crore for the quarter ending 30 June, fueled by impressive performances in the sports and news segments. The company’s digital portfolio also expanded in both reach and engagement.

    Network18 stated that its subsidiary Viacom18 has continued to invest in the sports and news sectors to drive future growth. The company noted that even though these segments are still in the development phase, they have rapidly achieved a strong brand presence and consumer recognition.

    TV News portfolio delivered 30 per cent advertising growth during the quarter. The network leveraged its leadership positions across key markets and election-linked advertising tailwinds to deliver industry-leading ad growth. EBITDA for the quarter saw a turnaround as revenue grew 14 per cent while costs were flat. The TV news network posted EBITDA of Rs 40 crore in Q1FY25, a 46 per cent increase (YoY).

    JioCinema achieved record digital IPL viewership during the quarter. IPL 2024 reached 620 million viewers, marking a 38 percent increase from the previous year. “Engagement also saw a significant rise, with audiences spending a total of more than 350 billion minutes watching the most popular annual sports event, over 50 percent higher than last season,” the company reported.

    Meanwhile, Network18 group’s digital brands solidified their leadership positions over the quarter, experiencing a substantial rise in monthly unique visitors. “With approximately 250 million unique visitors, Network18 narrowed the reach gap with the leader to about 10 percent, down from over 50 percent in March 2023,” the statement revealed.

    Network18’s digital news business recorded a 34 per cent growth in Q1FY25, with total revenue reaching Rs 109 crore compared to Rs 81 crore in the same quarter of FY24.

    The digital news portfolio of Network18 experienced a significant increase in monthly unique visitors. With 250 million unique visitors, Network18 narrowed the reach gap with the leader to just 10 per cent, down from over 50 per cent in March 2023.

    Moneycontrol maintained its position as the top player in both reach and engagement metrics, driven by comprehensive coverage of economic and market-related topics. Key engagement metrics such as monthly page views, time spent, and sessions were 20 per cent-70 per cent higher than those of the nearest competitor.

    Moneycontrol Pro surpassed 8.1 lakh paid subscribers, solidifying its status as the leading subscription-based news platform in India and one of the top three in Asia, according to FIPP’s Digital Subscription Report.

    News18.com established itself as the leading platform for non-English language consumers in India during the last quarter. The platform’s reach expanded significantly due to editorial and product initiatives, resulting in a 50 per cent  increase in monthly average unique visitors quarter-on-quarter and a 100% year-on-year growth in on-platform video views. News18’s mobile app saw an increase in MAUs, and the News18 Connected TV app was launched for platforms like Android, Samsung Tizen, and Firestick.

    Firstpost’s coverage of international events from an Indian perspective continued to drive reach and engagement throughout the quarter. The platform saw a 67 per cent increase in monthly active users and page views following the launch of its revamped website. On counting day, the website’s traffic doubled compared to normal days, with time spent increasing fourfold. Firstpost’s growth on YouTube also continued, with the subscriber count surpassing the five million mark.